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Consolidated Statements Of Income (unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
INTEREST AND DIVIDEND INCOME:        
Loans, including fees $ 115,203 $ 114,306 $ 230,428 $ 226,797
Investment securities available for sale 2,911 3,494 5,775 6,618
Other interest and dividend earning assets 1,412 2,643 3,375 5,316
Total interest and dividend income 119,526 120,443 239,578 238,731
INTEREST EXPENSE:        
Deposits 37,483 35,077 75,799 67,839
Borrowed funds 17,005 17,605 34,556 35,319
Total interest expense 54,488 52,682 110,355 103,158
NET INTEREST INCOME 65,038 67,761 129,223 135,573
PROVISION (CREDIT) FOR LOAN LOSSES 6,000 (4,000) 3,000 (6,000)
NET INTEREST INCOME AFTER PROVISION (CREDIT) FOR LOAN LOSSES 59,038 71,761 126,223 141,573
NON-INTEREST INCOME:        
Net gain on the sale of loans 3,138 451 6,063 562
Increase in and death benefits from bank owned life insurance contracts 2,461 1,874 4,022 3,421
Other 1,229 786 6,527 2,028
Total non-interest income 8,947 4,906 20,877 9,582
NON-INTEREST EXPENSE:        
Salaries and employee benefits 27,216 26,152 53,101 51,516
Marketing services 4,029 6,719 8,490 11,516
Office property, equipment and software 6,534 6,261 12,980 13,247
Federal insurance premium and assessments 2,768 2,370 5,387 5,136
State franchise tax 1,191 1,282 2,323 2,544
Other expenses 7,820 7,943 14,597 14,748
Total non-interest expense 49,558 50,727 96,878 98,707
INCOME BEFORE INCOME TAXES 18,427 25,940 50,222 52,448
INCOME TAX EXPENSE 1,170 5,810 7,323 11,985
NET INCOME $ 17,257 $ 20,130 $ 42,899 $ 40,463
Earnings per share—basic and diluted $ 0.06 $ 0.07 $ 0.15 $ 0.14
Weighted average shares outstanding        
Basic 275,835,243 275,359,201 275,706,011 275,367,821
Diluted 278,101,329 277,343,155 277,990,253 277,197,565
Banking        
NON-INTEREST INCOME:        
Fees and service charges, net of amortization $ 2,119 $ 1,795 $ 4,265 $ 3,571